The MCS Expo is returning for its second consecutive year, the health insurer announced. This year’s week-long event will take place at the Plaza Las Américas mall and will be focused on physical and emotional health. There will be educational tools for managing emotions during emergency situations, such as the recent tremors that have affected […]
Liberty Puerto Rico reported $412.1 million in revenue for fiscal year 2019, an increase of 23% year-over-year attributed to a “focus on innovation and customer experience, as it strives to transform into a quad-play services provider.” The provider, whose results positioned it as one of its parent company Liberty Latin America’s biggest regional performers in […]
The Department of Economic Development and Commerce unveiled a master plan to develop the $300 million Puerto Rico Ocean Technology Complex, or PROtech, to generate thermal ocean energy. Agency Secretary Manuel Laboy also unveiled plans to seek new energy sources through other eco-friendly developments and scientific research along Puerto Rico’s southeast area. “This project is […]
Locast, the nonprofit local broadcast TV streaming service, plans to stream dozens of local TV channels via the internet across Puerto Rico this year, bringing important local news, weather and storm coverage, emergency information, sports, and entertainment programming to internet-connected devices. The announcement was made ahead of today’s hearing about resilient communications to be held […]
A team of economic development experts from Puerto Rico announced the launch of the Tax Incentives Association (TIA), a nonprofit association created to educate, investigate, analyze economic results and serve as promoters of Puerto Rico’s economic development through the attraction of new and diverse investments into the island. TIA’s vision is to “have Puerto Rico’s […]
A conundrum is a mystery, a puzzle, an enigma. And in Puerto Rico many go unresolved for months, years and even decades. A big mystery looming in the horizon on the already debt-ridden government of Puerto Rico is the fate of the FirstNet broadband network, with its corresponding implications to the sustainability of our public […]
The Financial Oversight and Management Board for Puerto Rico welcomed the decision by the U.S. Department of Transportation to tentatively grant Puerto Rico’s request to allow foreign air carriers to engage in expanded cargo and passenger transfer operations at Puerto Rico international airports. “Removing regulatory burden that inhibits cargo commerce between Puerto Rico, the mainland, […]
The U.S. Small Business Administration announced that nonprofit organizations, state and local agencies, and institutions of higher learning are eligible to compete for funding of up to $300,000 to deliver entrepreneurship training to women service members, women veterans and women military spouses. Up to six awardees will split the grants administered by SBA’s Office of […]
The U.S. Department of Transportation has issued the first notice in favor of granting Puerto Rico a waiver to allow foreign airlines to perform certain cargo and passenger transfer services at international airports on the island, local government officials announced. The federal agency’s decision comes after eight months of analysis, kicking off a 14-day public […]
The 12th edition of the Puerto Rico Open, which starts today and will wrap up Feb. 23, is expected to generate $10 million for the local economy, its main sponsor, the Puerto Rico Tourism Co. confirmed. The Puerto Rico Open will feature a Pro-Am, where participants will play with some of the best golfers on […]
As part of its commitment to support business continuity in those areas directly affected by the 6.4 magnitude earthquake that struck the southwest coast on Jan. 7, Invest Puerto Rico integrated in its PuertoRicoSigue.org platform a Community Guide for Economic Preparation and Recovery. This guide — created for the benefit of community leaders, chambers of […]
The seismic emergency Puerto Rico recently experienced should put the island on alert on the need to ensure food security for the entire population, Denise Santos, president of the Food Bank of Puerto Rico said. The Bank has distributed 150,000 pounds of food to earthquakes victims in the southwest in addition to the 13.4 million […]
Puerto Rico’s restaurant industry generated more than $1.9 billion in 2019, a decrease of 6.5% compared to 2018, according to an economic study commissioned by the Puerto Rico Restaurants Association, or ASORE in Spanish. The decrease was attributed to a loss in population and the lack of family income growth. The research was conducted a […]
Loon, a subsidiary of Alphabet Inc. — Google’s parent company — has filed an application asking the Federal Communications Commission to grant an experimental license to conduct a market trial that calls for transmitting broadband service to maritime vessels from fixed base stations in Puerto Rico. In its petition, where most of the proprietary content […]
The Tourism Alliance for Puerto Rico denounced the government’s lack of activity related to a series of agreements related to the public-private partnership in the works for the San Juan docks, which sought to protect the island’s “threatened tourism industry.” During a news conference, the group that represents public- and private-sector representatives of the tourism […]
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